Flipkart to Reduce its Workforce by 5-7% 

The workforce is expected to shrink by 5-7% which can impact over 1,500 employees.

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Flipkart to Reduce its Workforce by 5-7%

The workforce is expected to shrink by 5-7% which can impact over 1,500 employees.

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This move comes at a time when the company is looking to optimize costs and boost profitability.

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This year, the performance reviews are expected to result in cutting around 5-7% of the total workforce.

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The key reasons for this move are prioritizing optimization of resources and controlling costs.

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The fluctuating demand environment in the recent past has impacted e-commerce businesses.

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Flipkart wants to focus on utilizing its resources efficiently across businesses both new and existing.

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